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Property profile

1123 Burney Rd Sugar Land, TX 77498

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 3.29-acre parcel of land presents a unique opportunity for residential development in the desirable Sugar Land, Texas market. Located at 1123 Burney Rd, 77498, in Fort Bend County, this fee-simple property is zoned R1, allowing for a variety of residential construction possibilities. The land is part of a larger property currently owned by a church, and will be subdivided to create this individual lot. Its advantageous location offers proximity to several key amenities and landmarks. Residents will enjoy convenient access to Imperial Sugar and the Lake Estates of Sugar Mill community. Furthermore, the highly-regarded Sugar Mill Montessori School is directly across the street, providing a family-friendly environment. St. Martin Church is adjacent to the property, adding to the peaceful and established neighborhood character. This prime location, combined with the generous lot size and residential zoning, makes this an exceptional investment opportunity for builders or those seeking to create their dream home in a sought-after Sugar Land neighborhood. The property's coordinates are 29.63324968350094 latitude and -95.63833339533058 longitude. The asking price for this remarkable property is $850,000.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Church
  • Church
  • High School

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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